Explorations in Pragmatic Economics: Selected Papers of George A. Akerlof (and Co-authors).Oxford University Press, 2005 - 514 páginas “This collection of Akerlof's most important papers provide both an introduction to Akerlof's work and a grounding in modern economics. Divided into two broad areas, micro- and macroeconomics, they cover the economics of information; the theory of unemployment; macroeconomic equilibria; the demand for money; psychology and economics; and the nature of discrimination and other social issues. The collection closes with Akerlof's 2001 Nobel Lecture, in which he argues that it is imperative that macroeconomics be considered inherently behavioural.” -- BACK COVER. |
Índice
Explorations in Pragmatic Economics | 1 |
Examples and Applications | 31 |
IV | 37 |
Discriminatory Statusbased Wages among Traditionoriented | 56 |
George A Akerlof and Rachel E Kranton | 67 |
59 | 89 |
The Economics of Tagging as Applied to the Optimal | 100 |
An Analysis of OutofWedlock Childbearing in the United States | 119 |
Labor Contracts as Partial Gift Exchange | 362 |
The Nonneoclassical Behavior of the Cash Posters or of the Eastern Utilities Co | 364 |
Sociological Explanation of Cash PostersEastern Utilities Behavior | 366 |
Reference Groups | 369 |
The Fair Wage | 372 |
A Model | 373 |
Two Examples | 375 |
Conclusion | 383 |
Men without Children | 152 |
The Economic Consequences of Cognitive Dissonance | 177 |
The Economics of Illusion | 194 |
Procrastination and Obedience | 209 |
The Economic Underworld of Bankruptcy for Profit | 232 |
Relative Wages and the Rate of Inflation | 283 |
The Microeconomic Foundations of a Flow of Funds Theory | 303 |
The Consequences of Constant ThresholdTarget | 328 |
Agreement with Empirical Evidence | 338 |
Summary and Conclusion | 339 |
Jobs as Dam Sites | 345 |
Common Features in Models of NonUtilization and Analogy Between Jobs and Dam Sites | 347 |
Specific Technology and Jobs | 350 |
A Partial Equilibrium Example | 352 |
A General Equilibrium Example | 353 |
Summary and Conclusion | 360 |
The Fair WageEffort Hypothesis and Unemployment | 386 |
Motivation for the Fair WageEffort Hypothesis | 387 |
A Rudimentary Model of Unemployment with the Fair WageEffort Hypothesis | 395 |
A Relative Deprivation Model of the Fair Wage | 398 |
Conclusion | 407 |
A NearRational Model of the Business Cycle with Wage and Price Inertia | 410 |
A Model of Cyclical Unemployment | 415 |
Conclusion | 422 |
The Macroeconomics of Low Inflation | 424 |
George A Akerlof William T Dickens and George L Perry | 426 |
Simulation Model | 438 |
Appendix A | 464 |
Behavioral Macroeconomics and Macroeconomic Behavior | 472 |
503 | |
Otras ediciones - Ver todo
Explorations in Pragmatic Economics: Selected Papers of George A. Akerlof ... George A. Akerlof Vista previa restringida - 2005 |
Explorations in Pragmatic Economics: Selected Papers of George A. Akerlof ... George A. Akerlof Vista previa restringida - 2005 |
Términos y frases comunes
abortion Activity aggregate demand Akerlof American Economic Review assets assume assumption average bank accounts behavior cash posters choose cognitive dissonance constraint contracts cost decision demand for money depends effect efficiency wage elasticity equation equilibrium estimate example expected explain fair wage firms fraction George Akerlof hypothesis identity income increase individual Janet Yellen Journal of Economics junk bond loans long-run looting losses macroeconomic marginal market-clearing married maximize Milgram experiment Milken money holdings money supply monopolistic competition natural rate negative negative income tax nominal wage norms occur optimal out-of-wedlock births output paper parameters percent period Phillips curve production profits rational relative result S&Ls Savings sexual shock shotgun marriage simulation skilled workers social standard Synanon tagging technology shock theory thrift unemployment rate United unskilled workers utility function wage changes wage cuts wage rigidity welfare women Yellen York zero
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